Withdrawals from hedge funds surged in March even though investors were seeing returns of up to more than 5%.
Withdrawals from hedge funds surged in March even though investors were seeing returns of up to more than 5%.
Italians are the most likely to use exchange-traded funds (ETFs) for short-term tactical reasons, while UK and German ETF users are more likely to buy-and-hold, research finds.
BNY Mellon has hired a former senior product manager from a rival custody bank to work in a newly created relationship management role.
Caceis will strengthen its international asset servicing coverage subject to an agreement between Crédit Agricole, its French-based parent, and Santander.
Investors continued to withdraw money from asset manager GAM throughout the first quarter of the year as 2018’s troubles endured.
BlackRock has surpassed analysts’ profit expectations for the first quarter of the year, bouncing back after a volatile end to 2018 with net inflows of $65 billion (€57 billion) representing an organic growth of 4%.
